New Jersey Considers Opening Online Casinos to the World
New Jersey state senators Ray Lesniak and Jim Whelan have put forward a proposal which would allow Atlantic City online gambling operators to open their websites to players in other jurisdictions. As Senator Lesniak says it would open “up the worldwide market to us, the $30 billion Big Kahuna”.It is not the first time that the state’s legislators have looked at this idea. Lesniak was pushing for it last year, before the first sites even went live.
The bill would require payment processors to be licensed in the same way as the casinos and online gambling partners are.
When he introduced the bill Lesniak said it “would put New Jersey at the hub of an international gaming industry that is expected to experience rapid growth in the years ahead. The plan would help attract international gaming companies to New Jersey, producing jobs, state revenue and economic expansion.”
Between launching on November 21st and the end of 2013, New Jersey online casinos made $8.4 million.